Banks in Asia are “falling short” when it comes to meeting global pledges to tackle climate change and aligning with the decarbonization aims of their countries, according to a study published on Wednesday. Nearly 200 countries signed a pact in Glasgow last year calling on banks and financial institutions across the world to mobilize more […]
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China’s top economic planner announced a target on Wednesday to produce up to 200,000 tonnes per year of green hydrogen, a zero-carbon fuel generated from renewable energy sources, by 2025, but envisions a more widespread industry over the long term. The country aims to produce 100,000 tonnes to 200,000 tonnes of green hydrogen a year […]
Europe’s attempt to set landmark rules for artificial intelligence should take a positive approach to reap the benefits of the technology rather than restrict it, European Parliament lawmaker Svenja Hahn said on Tuesday. The European Commission last year proposed its AI rules in a bid to take the lead in a technology dominated by China […]
China’s Tencent Music will pursue a secondary listing of its shares on the Hong Kong Stock Exchange, the company said on Monday, after reporting a 15 percent fall in revenue at its mainstay social entertainment services business While most of Tencent Music users are in its music streaming unit, social entertainment services including karaoke platforms […]
Not a single country managed to meet the World Health Organization’s (WHO) air quality standard in 2021, a survey of pollution data in 6,475 cities showed on Tuesday, and smog even rebounded in some regions after a COVID-related dip. The WHO recommends that average annual readings of small and hazardous airborne particles known as PM2.5 […]
The shift to electric cars may pose an existential threat to suppliers of combustion engines but for auto parts firms such as TE Connectivity the challenge is keeping up with demand. It makes the connectors that link miles of cables in cars to all things electrical, from sensors to fuel injection systems to infotainment – […]
OneWeb will resume satellite launches with Elon Musk’s SpaceX, the British satellite communications company said on Monday after it suspended launches from Russia’s Baikonur Cosmodrome in Kazakhstan. OneWeb did not disclose terms of the new launch agreement. Earlier in March, OneWeb, said it would halt launches after Moscow’s space agency Roscosmos demanded guarantees that its […]
German companies have signed agreements with firms in the United Arab Emirates (UAE) to build up a hydrogen supply chain, Germany’s economy ministry said on Monday, as Berlin looks to cut carbon emissions and reduce its reliance on Russian energy. The deals were signed during a visit by German Economy Minister Robert Habeck to Gulf […]
Germany’s finance minister has called for fresh talks over a free trade agreement between the European Union and the United States, a newspaper reported on Sunday, aiming to revive discussions halted by former U.S. President Donald Trump. Trump ended negotiations over the so-called Transatlantic Trade and Investment Partnership (TTIP) and instead pressed a number of […]
The Duke and Duchess of Sussex set up Archewell Audio, signing an exclusive mega-money multi-year deal with the streaming giant to release a number of podcasts, and now, the first podcast has been confirmed. Meghan and Harry – who became financially independent after they stepped down as senior members of the British royal family in […]